The company is owned by four shareholders, namely, the Federal Government of Nigeria, represented by Nigerian National Petroleum Corporation (49%); Shell (25.6%); Total Gaz Electricite Holdings France​ (15%) and Eni (10.4%).

With six trains currently operational, NLNG's plant, on Bonny Island in Rivers State, is capable of producing 22 Million Tonnes Per Annum (MTPA) of LNG, and 5 MTPA of NGLs (LPG and Condensate) from 3.5 Billion (standard) cubic feet per day (Bcf/d) of natural gas intake. NLNG's near term expansion plans include construction of a seventh train to complement the existing six train structure, which when in operation will up the company's total production capacity to 30 million tonnes per annum (MTPA) of LNG.

As the arrowhead of Nigeria's efforts to eliminate gas flaring, NLNG's operations have helped reduced Nigeria's Flaring Profile from 65% to below 25%. The company also supplies about 40% of the annual domestic LPG (Cooking Gas) consumption.

In all its business and social activities, NLNG's driving force remains its vision to help in building a better Nigeria.

​NSML is committed to ensure that Nigerian crews are well represented in numbers of officers that work onboard NLNG Vessels and third​ party charterers. The Nigerianization P​​lan is to ensure that Nigerians are recruited straight from the cadetship phase and sponsored to obtain the CoCs in schools abroad after which their careers with the company is appropriately monitored and managed as they rise within th​e ranks.​